Zhou Tianyong's economic reform agenda
Former Central Party School economist says dismantling institutional constraints is China's ONLY way toward medium-high growth and avoiding poverty.| www.pekingnology.com
Former Central Party School economist says dismantling institutional constraints is China's ONLY way toward medium-high growth and avoiding poverty.| www.pekingnology.com
They know Beijing’s “reluctance to directly distribute money to the people is still quite evident” and want to change decision-makers' minds. Will they succeed?| www.pekingnology.com
Three scenarios: income structure reforms are the optimal path, investment stimulus is a necessary evil, and the perils of the investment curtailment must be avoided to mitigate deflation risks.| www.eastisread.com
Blocked income transfer from enterprises, especially SOEs, to households is identified as the key culprit behind China's unusually high savings rates, leading to low consumption & slow growth.| www.eastisread.com
